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NEW YORK: Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea’s financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting... read more

SEOUL : General Motors (GM.N) has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, four sources with direct knowledge of the... read more

Karachi: The KSE-100 Index closed today at 43572.67 points as compared to 43627.10 points yesterday with a negative change of 54.43 points. The total turnover was 126,714,720 as compared 148,358,060 yesterday with Fauji Foods Limited reflecting the highest turnover of... read more

NEW YORK: Bond investors, who have been on edge over signs of growing inflation and a possibly more aggressive Federal Reserve, will have their work cut out for them as the U.S. government seeks to sell $258 billion worth of... read more

MUMBAI/NEW DELHI: Indian investigators closed down a branch of a state-run bank that is at the heart of a $1.77 billion fraud and questioned more of its employees as they probed the biggest scam in the country’s banking history, police... read more

Asian stock markets mostly edged up in thin holiday trade on Monday, with Tokyo's benchmark index surging nearly two percent as investors regained some confidence. A weaker yen and continued gains on Wall Street last week helped push the bellwether... read more

General Electric Co (GE.N) is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion, according to people familiar with the matter. The move comes after Chief Executive Officer John Flannery, who... read more